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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (43204)6/26/2002 8:45:56 AM
From: ajtj99  Read Replies (1) of 209892
 
AA, nice study. One thing I might add is that we have to put this drop in the context of where the market is right now. I looked at last September 17-21 last night, and there was little relief from the AM gaps down. March 2001 was the same. Gaps down at the end of a big downtrend are probably a good intra-day long trade, but will probably be a loser on a 2-day swing trade, IMO.
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